I have a self-managed portfolio with a few stocks in it, which I keep at Scottrade and track with a program called StockMarketEye. I've used a few other portfolio trackers as well, and they all seem to have the same problem - either that or I'm doing it wrong =o)
My problem is this:
Say I buy Stock A at $10 and ride it up to $100.
Then I sell Stock A and buy Stock B at $10 and ride it up to $100.
Then I sell Stock B and buy Stock C at $10. Stock C falls to $9.
Since Stock A and B are no longer in my portfolio, they no longer show gains. So now all I'm showing is that I own a bunch of Stock C at a 10% loss, even though my portfolio is way up overall. This is discouraging.
I understand that it's important to know how your current stocks are doing, but I sort of feel like if I bought Netflix at $28 and then Tesla around $35 (I did both), the positions I've sold should still show up somewhere so I can see that "Oh, my current stock holdings are down 10%, but my overall portfolio is way up for the money that I've invested.
For some reason, I don't seem to be able to find software that will do that for me, even though it seems like it would be a no-brainer.
Does anyone know what I should be looking for in software, or how to get that sort of report?